earnings
confidence high
sentiment positive
materiality 0.65
Old Republic Q1 operating EPS up 21% to $0.81; combined ratio improves to 93.7%
OLD REPUBLIC INTERNATIONAL CORP
2025-Q1 EPS reported
$0.98
revenue$2,114,000,000
- Operating income (ex-investment gains) $201.7M, up 9.2% YoY; diluted operating EPS $0.81 vs $0.67, +20.9%.
- Net premiums earned $1.841B, +12.1% driven by rate increases and new business; Specialty combined ratio 89.8%.
- Consolidated combined ratio 93.7% from 94.3%; favorable prior-year reserve development added 2.6 points.
- Book value per share $24.19, up 7.2% incl. dividends; returned $93M to shareholders via dividends and buybacks.
- Title Insurance combined ratio improved to 102.1% from 102.5%; pretax operating income up 84% to $4.3M.